San Diego pension payouts likened to city of Bell

SAN DIEGO — According to Sandiego6.com a report was released Oct. 4 that documents large retirement payouts for former city of San Diego employees.
The report was prepared by Marcia Fritz, president of the California Foundation for Pension Reform and states that the top 10 recipients of pensions in the city of San Diego will receive a combined $61.5 million over the next 25 years.
“These workers, these retirees, are drawing from four different retirement allowances at the same time,” Fritz said.
“They are making more in retirement than the current salary of the city workers that are replacing them,” she said. “We are making millionaires out of these workers.”
“This is actually worse than Bell, believe it or not,” Fritz said, referring to the Los Angeles County city currently facing corruption charges.
One standout of the report is a former San Diego city librarian eligible to collect $227,249 annually over 25 years.
Councilwoman Marti Emerald said the current council has been aggressive on pension reform and is frustrated by rhetoric that suggests otherwise.
“Most people who work for the city of San Diego will work here 20 or 30 years, and they’ll pull an average pension of about $38,000. When people try to make this pension some sort of windfall for people who work for the city, it’s not accurate, they are just not telling the truth,” Emerald said.